Mohamed Abou

Faisal Islamic Bank

3, 26th of July str., Downtown

Cairo

Egypt

news

CBE reports $2.2 Billion growth in gold reserves in 2024

By December 2024, these reserves reached $47.109 billion, a significant rise from $35.220 billion in December 2023.

Egypt now leading tourist destination in Africa

Egypt is witnessing rapid growth in international tourism, surpassing Morocco and Tunisia, according to the website Statista.

China’s Kingdom plans major linen manufacturing plant in Egypt

Chairman of Kingdom Holdings, emphasised Egypt’s strategic advantages, including its competitive edge and rich history in linen production.

European glass fibre producers target Egypt-based Chinese makers in trade complaint

They lodged an anti-dumping complaint against Chinese manufacturers operating out of Egypt alleging that they benefit from unfair subsidies.

Egypt Invests LE 7 Billion in Renewable Energy Transmission Projects

These projects will involve the construction of transformer stations to transfer energy generated by solar and wind power plants to transmission lines

Events

boot Düsseldorf 18.01.2025

Agri Expo 20.01.2025

FRUIT LOGISTICA Berlin 05.02.2025

Cairo Fashion & Tex 13.02.2025

EGYPES 17.02.2025

STITCH & TEX 20.02.2025

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